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Progressive Investment Management Corp, managed by Carsten Henningsen, recently executed a significant transaction involving Berkshire Hathaway B (($BRK.B)). The hedge fund reduced its position by 1,488 shares.
Spark’s Take on BRK.B Stock
According to Spark, TipRanks’ AI Analyst, BRK.B is a Outperform.
Berkshire Hathaway B’s strong financial performance is the primary driver of its score, aided by reasonable valuation metrics. Technical analysis indicates a cautious outlook with potential downward momentum, although the company’s diversified strengths in the insurance sector provide resilience.
To see Spark’s full report on BRK.B stock, click here.
More about Berkshire Hathaway B
YTD Price Performance: 5.64%
Average Trading Volume: 4,832,663
Current Market Cap: $1039B